New Product Sourcing

Trystar Inc•Houston, TX

1d•$115,000 - $130,000

About The Position

The New Product Development Sourcing will be involved in the development of innovative market-facing technology that will provide our customers with custom products, integrated systems, and service solutions with disruptive industry speed, scale and response while providing a safe, innovative and enriched work environment that delivers best in class results. In this role, you will primarily responsible for managing the sourcing and procurement activities related to new product launches, ensuring timely delivery of components and materials while meeting quality standards, collaborating closely with engineering, product management, and suppliers to facilitate a smooth transition from product development to production.

Requirements

8+ years of experience in a sourcing, project management, or product development role
Experience of 5 years in electrical and mechanical engineering roles or collaborating with such roles.
Negotiation skills
Technical Sourcing or New Product Introduction experience
Knowledge with specific technologies to applicable categories.
Willingness to travel 15–20%.
Lean Sigma experience or Six Sigma experience.

Nice To Haves

Bachelor’s degree in engineering, electromechanical or mechanical
Knowledge of ISO Standards.
PMI Certified
ISM Certified
Green Belt or Black Belt

Responsibilities

Identify and communicate sourcing risks early in the development cycle to drive mitigating designs and or focused Supplier Development.
Align with Commodity/Category Managers to drive Supplier Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up aligned with team milestones. Thoroughly vetting new suppliers to ensure they meet quality, delivery, and compliance requirements for the new product.
Key Point for RFQ’s and Quoting Process.
Identifying potential new sources in Technologies where existing relationships do not yet exist. Align with Category Managers to evaluate capabilities, pricing, and negotiating contracts to secure the best value for new products.
Documenting & managing overall Project Sourcing Strategies. Providing regular updates on sourcing progress, cost analysis, and potential risks to stakeholders.
Track and manage supplied component Quality, Supply Risk, Material Cost, Response / Lead Time, & Technology advancement for the full Device Bill of Material, (for both the new and legacy components).
Managing the sourcing and procurement activities related to new product launches, ensuring timely delivery of components and materials while meeting quality standards, collaborating closely with engineering, product management, and suppliers to facilitate a smooth transition from product development to production.
Implement, manage, and monitorsuppliercontractual documents including Confidentiality Agreements (CDAs), Master Service Agreements (MSAs), Single Project Services Agreements (SPSAs), Research Agreements (RAs), etc.,as applicableto ensure that these documents are current and cover key elements including IP protection, supply terms and conditions, and Environmental and Quality requirements.
Support the set-up of funds, reconciliation of invoices, payments and run remittance reports.
Develop, implement, and monitor performance measures and continuous improvement of technical integration and externalization utilizing data analysis and visualization tools and platforms.